PCT Ltd (OTCMKTS:PCTL) Stock Jumps 6% in a Week: Here is Why

There have been many stocks which have managed to come into prominence over the course of the past week and one of those is the PCT Ltd (OTCMKTS:PCTL) stock.

There has been no news about the company in recent days but investors have flocked to the stock in numbers and over the course of the past week, the stock has recorded gains of 6%. The last major news to have emerged about the company was back on July 30 when PCT Ltd announced that it had created a joint venture in collaboration with Maverick Energy Services.

The joint venture is going to be involved in the work related to testing and then monetising the proprietary technologies related to enhanced oil recovery which can be patented. At the time, it was also announced that above mentioned joint venture is going to be named Disruptive Oil & Gas Technologies Corp.

It was a major development for the company and it seems that investors are quite excited about the possibilities of such a joint venture. However, since there has been no news about the company in recent days it could be a good idea for investors to keep an eye on the news wires with regards to PCT Ltd.

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